Cost of Living Comparison Between Australia and Latvia Cost of Living Comparison Between Australia and Latvia

Name: Latvia
Address: LV

Monthly Cost of Living

A single person spends $2,181 per month in Australia vs $1,348 in Latvia, rent included.

A couple spends around $3,218 per month in Australia vs $2,038 in Latvia, rent included.

A family of three spends $4,254 per month in Australia vs $2,728 in Latvia, rent included.

The cost of living in Australia is about 62% higher than in Latvia on average – the gap runs across housing, groceries, transport, and services.

Both Australia and Latvia are pricier than the global median – Australia by 64%, Latvia by 1%.

The regional cost range is wider in Australia ($1,595–$2,799) than in Latvia ($1,202–$1,591), so city choice matters more there.

Meal at Budget Restaurant

$15.97 A$22.93

$14.00 €12.21

14.07%

Three-Course Dinner for Two, Mid-Range

$79.0 A$113

$68.2 €59.4

15.89%

Fast Food Meal (McDonalds, etc)

$9.68 A$13.91

$8.26 €7.20

17.19%

Cappuccino

$3.58 A$5.15

$3.36 €2.93

6.55%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.56 A$3.68

$1.71 €1.49

49.71%

Water (0.33 liter bottle)

$2.22 A$3.19

$1.29 €1.13

72.09%

Local Beer (0.5 liter draught)

$6.34 A$9.10

$5.10 €4.45

24.31%

Imported Beer (0.33 liter bottle)

$6.95 A$9.98

$4.72 €4.12

47.25%

Milk (1 liter)

$1.56 A$2.25

$1.31 €1.14

19.08%

White Bread (500g)

$2.53 A$3.63

$1.58 €1.38

60.13%

Rice (white) (1kg)

$2.00 A$2.87

$2.96 €2.58

-32.43%

Eggs

$4.26 A$6.12

$3.11 €2.71

36.98%

Local Cheese (1kg)

$8.75 A$12.57

$11.35 €9.89

-22.91%

Chicken Fillets (1kg)

$8.23 A$11.83

$7.90 €6.89

4.18%

Beef Round Steak (1kg)

$14.15 A$20.33

$12.07 €10.52

17.23%

Apples (1kg)

$3.26 A$4.69

$1.54 €1.34

111.69%

Banana (1kg)

$2.81 A$4.04

$1.82 €1.59

54.40%

Oranges (1kg)

$3.00 A$4.31

$2.54 €2.21

18.11%

Tomato (1kg)

$4.31 A$6.19

$3.33 €2.90

29.43%

Potato (1kg)

$2.55 A$3.67

$0.97 €0.84

162.89%

Onion (1kg)

$2.16 A$3.10

$1.04 €0.91

107.69%

Lettuce (1 head)

$2.22 A$3.19

$1.82 €1.59

21.98%

Water (1.5 liter bottle)

$1.53 A$2.20

$0.86 €0.75

77.91%

Cigarettes 20 Pack (Marlboro, Camel)

$31.28 A$44.93

$5.65 €4.93

453.63%

Wine (Bottle)

$14.09 A$20.24

$8.16 €7.12

72.67%

Local Beer (0.5 liter bottle)

$4.44 A$6.38

$1.75 €1.53

153.71%

Imported Beer (0.33 liter bottle)

$4.90 A$7.05

$2.06 €1.80

137.86%

One-way Ticket (Public Transport)

$2.95 A$4.24

$1.75 €1.53

68.57%

Public Transport Monthly Pass (Regular Price)

$95.9 A$138

$34.95 €30.47

174.39%

Taxi Start (Normal Tariff)

$3.49 A$5.01

$2.69 €2.34

29.74%

Taxi (Normal Tariff) (1km)

$1.84 A$2.64

$0.80 €0.69

130.00%

Taxi 1hour Waiting (Normal Tariff)

$37.26 A$53.5

$11.80 €10.29

215.76%

Gasoline (1 liter)

$1.17 A$1.68

$1.84 €1.60

-36.41%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.7K A$41.3K

$30.2K €26.3K

-4.92%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$22.5K A$32.3K

$30.4K €26.5K

-26.09%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$173 A$249

$310 €270

-44.06%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$26.62 A$38.23

$19.48 €16.98

36.65%

Internet (50+ Mbps, Unlimited Data)

$53.1 A$76.2

$19.69 €17.16

169.58%

Gym Membership (Monthly)

$46.82 A$67.3

$47.14 €41.09

-0.68%

Tennis Court (1 Hour on Weekend)

$16.38 A$23.53

$27.86 €24.29

-41.21%

Cinema Ticket

$13.56 A$19.48

$11.61 €10.12

16.80%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,571 A$2,256

$527 €460

198.01%

International Primary School, 1 Child (Yearly)

$12.6K A$18.1K

$15.3K €13.4K

-17.83%

Jeans (Levis 501 Or Similar)

$72.1 A$104

$92.6 €80.8

-22.20%

Summer Dress (H&M, Zara, etc)

$51.6 A$74.1

$46.25 €40.32

11.61%

Sport Shoes (Adidas, Nike)

$101 A$145

$92.8 €80.9

9.04%

Men's Leather Business Shoes

$108 A$155

$141 €123

-23.56%

1-bedroom Apartment, City Center (Monthly)

$1,398 A$2,008

$462 €402

202.87%

1-bedroom Apartment, Outside City Center (Monthly)

$1,086 A$1,560

$332 €289

227.17%

3-bedroom Apartment, City Center (Monthly)

$2,272 A$3,263

$944 €823

140.67%

3-bedroom Apartment, Outside City Center (Monthly)

$1,751 A$2,515

$608 €530

188.21%

Buy Apartment in City Center (m2)

$7,955 A$11.4K

$2,534 €2,209

213.97%

Buy Apartment Outside City Center (m2)

$5,978 A$8,587

$1,637 €1,427

265.18%

Average Monthly Net Salary (After Tax)

$4,053 A$5,822

$1,262 €1,100

221.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.35

4.33

46.65%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Australia: July 28, 2026

Last update for Latvia: July 28, 2026

Cost Breakdown

Average rent: $1,230 in Australia vs $353 in Latvia. For reference, capital cities sit at $1,557 in Canberra and $598 in Riga.

Average salary: $3,808 in Australia vs $1,037 in Latvia. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 248% higher in Australia.

Dining out costs 33% more in Australia.

Public transport is 81% more expensive in Australia.

Salaries are 267% higher in Australia, and purchasing power comes out stronger in Australia.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Australia vs Latvia: Cost of Living - Frequently Asked Questions

Latvia is the cheaper option – living costs run roughly 57% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.

Housing costs more in Australia, and the gap is biggest in capital cities. Regional towns show less difference, but Australia consistently has higher rents.

Groceries, transport, and utilities all cost less in Latvia, contributing to the overall 57% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.

$2,000 buys a comfortable lifestyle in Latvia, but in Australia it only works with careful planning outside the capital. Same money, very different lives.

Latvia is the budget-friendly choice for expats – lower housing and daily costs. But cost isn't everything: visa policies, language, healthcare quality, and job markets all weigh in too.